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Topic: BTC gone down today - page 14. (Read 1899 times)

full member
Activity: 448
Merit: 110
December 19, 2017, 08:47:20 PM
#30
Yea very sad news, but on the other hand it is time to buy BITCOINS. 
How is this sad news? Bitcoin price dump has actually been anticipated. Too many unconfirmed transactions for days, sometimes more than a  week clogging the network with high transaction fees. It is normal for money to leave Bitcoin and go to other altcoins that allow for easy transfer of funds with lesser transaction fee.
full member
Activity: 420
Merit: 100
December 19, 2017, 08:42:25 PM
#29
Maybe this will be the other side of massive increase of bitcoin last time. But next week bitcoin will up again because of the this price.
sr. member
Activity: 1988
Merit: 275
December 19, 2017, 08:37:08 PM
#28
yes, it is. I accumulated quite a bit, expected 25 000 till New Years but seems that I was overly optimistic with this. In any case will be holding, wont participate in panic. BTc always bounces back every damn time.

Exactly, let noobs sell  Grin .... and it will bounce back up and go to 25k.

I also think that way also. That's normal in trading, up and down prices. But if you will check the general trend of bitcoin price throughout the years, it is increasing. So the dips that we are experiencing is just a small part of the big scenario. So as they say, keep hodling your btc.
newbie
Activity: 5
Merit: 0
December 19, 2017, 08:24:27 PM
#27
Bitcoin is falling because the co-founder of Bitcoin.com said that he sold all his bitcoins for bcash.  Also because bcash is now on Coinbase.  
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
December 19, 2017, 08:19:56 PM
#26
Think of it like a spring that has to contract to expand later with a great force. If you put a spring on a hard surface, press it down and release you'll notice that after the release it tends to bounce up and travel some distance before falling down. It's how BTC acts after a correction. It goes down a bit and then launches twice higher. I hope you guys aren't worrying yourself with every single correction Wink
member
Activity: 98
Merit: 10
December 19, 2017, 08:19:49 PM
#25
yes, it is. I accumulated quite a bit, expected 25 000 till New Years but seems that I was overly optimistic with this. In any case will be holding, wont participate in panic. BTc always bounces back every damn time.

Exactly, let noobs sell  Grin .... and it will bounce back up and go to 25k.
member
Activity: 112
Merit: 10
December 19, 2017, 08:17:06 PM
#24
Yea very sad news, but on the other hand it is time to buy BITCOINS. 
full member
Activity: 182
Merit: 120
December 19, 2017, 08:15:33 PM
#23
This is the price correction that everyone is expecting to happen because bitcoin have been increasing so much this November and December. But this doesn't mean that bitcoin will fall down continously, I think it will not go down lower than $16k. Bitcoin is a strong currency and for sure will stay in the crypto world for long time. So just hold and dont lose the faith
full member
Activity: 392
Merit: 101
dApps Development Automation Platform
December 19, 2017, 08:12:52 PM
#22
This is just a normal turn of events for digital currency; values won't always go up nor go down and these changes are affected by so many factors. With bigcoin value going down for the last few hours, a lot of people are panicking. Ut i guess it is best to hold on and be patient. I have high hopes bitcoin will rise again soon and we will all have a very merry christmas.
sr. member
Activity: 854
Merit: 281
December 19, 2017, 08:03:14 PM
#21
Downturns are common and a healthy expression of the market. Bitcoin was going up too high, too fast. I believe there was plenty of FOMO ("Fear of Missing Out"). Those that hold through this downturn will likely be rewarded, if history is any indication.
member
Activity: 112
Merit: 11
December 19, 2017, 08:00:30 PM
#20
IMO its because coinbase went live with BCH so everyone is selling BTC to buy BCH thats why the BCH is pumping now. Let BTC drop so I can load up on more  Wink

Yes a coinbase induces pump. Bch buying is down now though.
full member
Activity: 228
Merit: 100
December 19, 2017, 07:58:35 PM
#19
Difficulty adjustment yesterday? Plus Gdax trading today, pumped BCash like crazy
full member
Activity: 882
Merit: 112
Your Data Belongs To You
December 19, 2017, 07:58:31 PM
#18
yes, it is. I accumulated quite a bit, expected 25 000 till New Years but seems that I was overly optimistic with this. In any case will be holding, wont participate in panic. BTc always bounces back every damn time.
legendary
Activity: 1789
Merit: 1008
Keep it dense, yeah?
December 19, 2017, 07:57:13 PM
#17
Lots of funds changing hands from BTC and alts towards BCH due to today's news, the latest push being from Coinbase listing BCH.

Not sure where it will head, but I think a lot of people who joined the world of crypto during this "bubble" may be looking towards BCH and thinking > $10k in a few months. Time will tell, however I'm skeptical as always...
member
Activity: 378
Merit: 10
EndChain - Complete Logistical Solution
December 19, 2017, 07:56:38 PM
#16
yes, because ETH gone up today, so btc gone down.
member
Activity: 89
Merit: 10
December 19, 2017, 07:48:49 PM
#15
Seems on the markets at present time BTC has come down. your thoughts on this and why you think it happened?

Do you think it will go back up? if BTC goes down way lower would it be wise to buy more into it

It should have happened some time ago, when I was expecting it  Wink The growth of Bitcoin was sick and unreal, so this decline is a logical outcome. Panic on the market, growth of Eth and BCH. Some people are talking about "The Flippening" BTC to BCH. If you ask me, Bitcoin is not dead and hardly will be.

Why is it a logical outcome? It has to go down because it went up? It's just what happens. It's going to keep going up in the long run so nothing to worry. Keep hodl.

^^ THIS ^^ Bolded, etc..
full member
Activity: 238
Merit: 113
December 19, 2017, 07:37:15 PM
#14
IMO its because coinbase went live with BCH so everyone is selling BTC to buy BCH thats why the BCH is pumping now. Let BTC drop so I can load up on more  Wink
member
Activity: 66
Merit: 10
December 19, 2017, 07:35:17 PM
#13
Most likely some profit-taking / Tax year effect. Who really knows.
member
Activity: 308
Merit: 13
December 19, 2017, 07:33:29 PM
#12
This is normal. And with the (postponed) bitcoin sigwit2 fork coming end of december, we will see the reverse movement and bitcoin going up again. 
newbie
Activity: 79
Merit: 0
December 19, 2017, 07:31:36 PM
#11
Guys, don't buy when BTC price is falling. Please wait until prices have stabilized or once another uptrend has already started.
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